2108 River Queen DrVioletLA70092
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Violet at 2108 River Queen Dr, Violet, LA, 70092 uses $49,692 cash to close to unlock $2,882/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,169/mo, and a $734/mo payment keeps the spread at $240/mo. Purchase price stands at $149,900, and rental yield measures 9.36% with $1,169/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 134.02% and total cumulative return in cash records $66,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1984
5,083 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Amanda Miller • Amanda Miller Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2514311
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.